Reported about 1 year ago
With doubts growing about President Joe Biden's re-election in 2024, investors are strategizing for various economic scenarios if a stronger Democratic candidate emerges. The possibility of Trump regaining presidency has led to speculation of higher fiscal deficits and inflationary policies, impacting bond yields. Investors are monitoring potential policy changes, market fluctuations, and candidate replacements, with Vice President Kamala Harris as a frontrunner. The uncertainty surrounding Biden's candidacy could impact economic forecasts and market stability.
Source: YAHOO